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Barzani and the PKK
The Kurdistan Workers’ Party (PKK) has announced that it will withdraw its militants to Iraqi Kurdistan. This could cause some trouble for the Iraqi Kurdish…
The problem with Cyprus is that it takes Turkey as its role model
In Northern Cyprus, the public budget mainly means taking financial aid from Turkey and distributing it to Turkish Cypriots. The Eastern Mediterranean island of Cyprus…
The TEPAV Financial Stress Index (2)
The TEPAV Financial Stress Index was designed to predicate the risk of economic contraction before GDP figures are released. Last week I talked about a new index TEPAV…
US debt ceiling
It is estimated that the Treasury will need a new raise in the limit by 19 May 2013, which means that the Republican and Democratic parties will have to reconcile once…
Turkey is still an introverted country
The success stories of Turkey’s fast growth companies must be heard by the world. Turkey is still an introverted country. From an objective point of view, I think that…
New opportunity spaces for the PKK as a ‘united operation force’
The negotiations between the government and outlawed Kurdistan Workers’ Party (PKK) leader Abdullah Öcalan are continuing. The government has two particular concerns;…
April capacity utilization and confidence figures are not pleasing
In April, CUR decreased year-on-year by 1.5 percent, that is, at a rate larger than in February and March. Yesterday two important data which are indicative of growth…
Bathroom graffiti has started to vanish since Twitter and Facebook
With social media, graffiti and writings on public toilet walls and stalls have become rare. A friend whose ideas I respect asked me this the other day: Have you noticed…
The TEPAV Financial Stress Index
The TEPAV Financial Stress Index foresees the possibility of economic contraction in a given quarter two to three months ahead. GDP figures are released with a delay.…
It’s refreshing to see paintings from Gaza
I have walked many times through the Erez crossing at the northern end of the Gaza Strip. Not once did it make me think of art. The dusty no man’s land between the…
Microsoft Excel is to blame for the world’s misery!
Economists should take sides in discussions on the basis of their research conclusions, and not do research in line with their political stance. The global economic…